While the combined wealth of tycoons on the 2021 Forbes Hong Kong Rich List rose 7.5% to US$331 billion, up from $308 billion last year, more than half saw a pandemic-induced drop in their net worth. ( read original story ...)
Billionaire Builders Hit Hardest By Hong Kong’s Headwinds
Hong Kong’s high-flying real estate sector was hit hard as the pandemic dealt another blow to a market already weakened by the U.S.-China trade conflict and political unrest. Since last year’s list, ... ( read original story ...)
Hong Kong Shocks Traders With First Stamp-Duty Hike Since 1993
It’s not often that Hong Kong’s laissez-faire government finds itself aligned with Bernie Sanders.But the self-described democratic socialist may well applaud the Asian financial hub’s surprise ... ( read original story ...)
Hong Kong Gives HK$120 Billion Boost to Economic Recovery
Hong Kong gave consumers a boost with spending vouchers and loans for the unemployed, while hitting investors with a planned tax hike on stock trading.Financial Secretary Paul Chan outlined HK$120 ... ( read original story ...)
Bright lights, big city: What it’s like to study in Hong Kong
Lew Zi Syuen, a Malaysian, is a third culture kid who shares with Study International about what it’s like to study in Hong Kong. ( read original story ...)
Hong Kong rolls out $15.5 billion stimulus plan to boost economy
The Hong Kong government will introduce stimulus measures totaling 120 billion Hong Kong dollars ($15.5 billion) to jump-start the coronavirus-stricken economy in the new financial year. Hong Kong ... ( read original story ...)
Hong Kong announces over $15 billion budget to lift economy out of recession
Financial Secretary Paul Chan announced measures that include a reduction in profits tax for businesses and consumption vouchers for individuals. ( read original story ...)
Hong Kong stock mixed as traders seek catalysts from Budget plans and Fed signals sustained policy support
Hong Kong markets are looking for catalysts as stock prices fluctuate before the city presents its annual Budget while the Federal Reserve takes a dovish stance on monetary support. ( read original story ...)
Chinese car maintenance startup Tuhu said to be mulling US IPO
Chinese car maintenance service startup Tuhu is considering a US initial public offering (IPO) this year, after raising up to US$400 ... ( read original story ...)
China tried to intimidate Hong Kong activists in Germany, says Berlin
China has tried to intimidate Hong Kong residents living in Germany since pro-democracy protests broke out in the city two years ago, the German interior ministry said in a letter to a lawmaker ... ( read original story ...)
Hong Kong: Alfred Sit holds I&T briefings
Secretary for Innovation & Technology Alfred Sit held engagement sessions with Hong Kong deputies to the National People's Congress (NPC) and Hong Kong members of the Chinese People's Political ... ( read original story ...)
Hong Kong Racing Tips: Carry The Diamond can find that Winning Feeling again
CASPAR Fownes and Joao Moreira are going to be all the rage when they team up with last-start winner Daily The post Hong Kong Racing Tips: Carry The ... ( read original story ...)
Startup Grind lists Pickmeup among startups to watch globally in 2021
Pickmeup Technologies Inc, the company behind one of Nigeria's leading providers of ride-hailing services, has been named among the “top startups to watch globally in 2021” by Startup Grind. ( read original story ...)
What Would Colonel Sanders Say? Tea Eggs, Economic Rebound Help To Feed Growth At Yum China
Morgan Stanley predicts China's GDP will grow as much as 9% this year compared with 2.3% in 2020, helping consumer spending. ( read original story ...)